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Another Dual-Fuel Vessel on Order for DEME

DEME invests in a new generation of trailing suction hopper dredgers that will switch between fuel oil and liquified natural gas (LNG).

Crude Futures Continue to Slide

Bunkers continued to slide in the primary ports today.

Baltic Dry Index Sets New Record Low of 310

The Index has yet to see a single day of gains in 2016.

Environmental Groups Renew Call for Arctic HFO Ban

Fifteen environmental groups deliver letter to Arctic Council meeting demanding heavy fuel oil use be banned in the far north.

Refined Oil Products Stock Build Could Push Up Tanker Rates

Poten & Partners think floating storage may become the preferred storage option.

Two Industry Heavyweights Join Veritas Petroleum Services

Malcolm Cooper has been appointed Group Technical & Business Development Director, Steve Bee will join the company as Group Commercial Director.

Bunker Prices to Stay Under Pressure: Opportunity to Cut Crude Production has been Missed

Goldman Sachs says "it may already be too late for OPEC producers to be able to prevent another large decline in prices."

New Bunker Supplier in Singapore

The world's biggest bunkering port is back up to 60 suppliers.

MOL Expecting 1.4 Billion Loss on Dry Bulk, Box Woes Despite "Tailwind" from Low Bunker Prices

Mitsui O.S.K. Lines revises business outlook, and looks to dispose of vessels in both its dry bulker and containership businesses.

Over 26% of Singapore Bunker Tankers Now Fitted with MPA Approved Mass Flow Metering System

61 bunker tankers now feature the technology, up from 48 in December.

Panamax Bulk Carrier Arrested in Singapore

The 93,300 dwt Ao Hong Ma was arrested on Saturday.

Crude Futures Fall

Bunkers were softer today in the primary ports and are heading in the direction favorable to bunker consumers.

Dry Bulk Plunge Continues: Baltic Dry Index Sets New Record Low of 314

There was however a slight gain for capesize rates.

There is a Fundamental Risk for Owners and Charterers When Purchasing Bunkers Through Intermediaries: The Swedish Club

The problems begin "when a different party not being the contractual counter party pursues a claim against the vessel," the Club states.

Industry Insight: What Can Big Data Do for Bunkers?

Industry Insight: What Can Big Data Do for Bunkers?

There is no doubt about the impact that big data will have on the industry in the coming years. But how is it influencing the industry now?

Singapore Fuel Oil Imports from Iran Can Resume After Financial Transactions Ban Lifted

Singapore has cancelled the prohibition on transactions with the Iranian government effective January 28.

Baleària to Build "Smart" Solar & Natural Gas-Powered Ferry

The ferry will utilize solar power for on-board services and will be among the largest vessels operating in the Mediterranean.

Norsepower Rotor Sail's Fuel Efficiency Verification Spurs €3 million Investment, Commercial Order

Norsepower says data analysis and fuel-saving verification has led to €3 million investment  and first commercial order for a Flettner rotor.

Tax Rule Could "Change the Dynamics of Bunkering" on India's Eastern Coast

Adani Bunkering has welcomed a move to drop the Value Added Tax rate by 14%.

China's Yangtze River Delta ECA to Come into Force This April

Beginning April 1, ships at berth at ports within the Yangtze River Delta ECA must use fuel with a sulfur content of no more than 0.5 percent.

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